Banana Split Co.has had six 2-for 1 splits since you purchased one share for $2 seven years ago.If the current price per share is $20,what it the value of your investment?

Name: Banana Split Co.has had six 2-for 1 splits since you purchased one share for $2 seven years ago.If the current price per share is $20,what it the value of your investment?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The progress of the number of shares you own is:
1 - 2 - 4 - 8 - 16 - 32 - 64
64 ´ $20 = $1,280